Australia: Crown’s Barangaroo casino blocked from opening over money laundering concerns

The NSW gambling regulator has blocked Crown Resorts from opening its new $2.2 billion Sydney casino next month after a stunning 11th hour admission that criminals probably laundered dirty cash through the group’s bank accounts.

The chairman of the Independent Liquor and Gaming Authority, Philip Crawford, said on Wednesday he was “not comfortable” with Crown opening gaming operations until the Bergin inquiry into its licence is completed next year.

The James Packer-backed group planned to open the Barangaroo casino in the middle of December, but ILGA held an emergency meeting on Wednesday in light of the damning evidence about Crown’s operations presented to the NSW inquiry.

The original full article can be found at smh.com.au

(Photo: Bloomberg)

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